CHICAGO--(BUSINESS WIRE)--Mar 5, 2026--
D.A. Davidson MCF International announced that it served as financial advisor to shareholders of Saxdor Yachts (“Saxdor”) on its sale to Malibu Boats Inc. (“Malibu”) for approximately EUR 150 million (USD $175 million). Saxdor’s shareholders may earn up to EUR 72 million (USD $84 million) in additional consideration upon achievement of certain operating and financial growth targets.
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Headquartered in Helsinki, Finland, Saxdor is a designer and manufacturer of premium adventure dayboats and one of the world’s fastest-growing boat brands. Malibu is a designer, manufacturer, and marketer of a diverse range of recreational powerboats and marine services.
Founded in 2019, Saxdor has rapidly emerged as one of Europe’s most dynamic premium performance boatbuilders. Its award-winning models fuse advanced hull engineering, modern Scandinavian design and highly functional luxury at an exceptional value – redefining expectations in the premium adventure dayboat segment. Today, Saxdor operates multiple production facilities in Europe and has a global distribution footprint comprised of over 100 dealers across 5 continents and more than 50 countries.
“Saxdor is a premium boat brand that has disrupted the global luxury market,” stated Eric Stetler, Managing Director and Head of Diversified Industrials and M&A at D.A. Davidson. “We appreciate the opportunity to work with Saxdor’s shareholders on this important transaction and look forward to seeing the Company’s continued success as part of the Malibu family of brands.”
Henrik Dahl, Chairman of the Board of Saxdor, noted, “Being part of Malibu gives us an ideal framework to continue driving our aggressive long-term growth plan. D.A. Davidson MCF International was a valued partner throughout the transaction and important in bringing these two companies together.”
“D.A. Davidson MCF International’s cross-border expertise and relationships helped us secure an exciting global partner that is well-suited for Saxdor’s next phase of growth,” stated Daniel Nyman, Board Member of Saxdor.
D.A. Davidson’s Investment Banking Division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions, and technology. Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International.
About D.A. Davidson
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 30 states.
Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment advisor providing fixed income portfolio and advisory services.
For more information, visit dadavidson.com.
D.A. Davidson MCF International announced that it served as financial advisor to shareholders of Saxdor Yachts on its sale to Malibu Boats Inc. for approximately EUR 150 million (USD $175 million).
BEIRUT (AP) — Traffic was gridlocked in Lebanon 's capital on Thursday as panicked residents tried to flee after Israel's military ordered people from all of Beirut's southern suburbs to evacuate, apparently signaling plans for a major bombardment of the area.
The order for the area known as Dahiyeh advised residents to “save your lives and evacuate your homes immediately,” and specified which routes residents of different areas could take toward central Beirut and further north.
Since the resurgence of hostilities between Israel and the Hezbollah militant group, Israel has struck sites in Beirut’s suburbs and issued a blanket warning for residents south of the Litani River — an area in southern Lebanon stretching to the border with Israel — to evacuate their homes, but had not previously issued a blanket evacuation order for Beirut’s southern suburbs.
After the attacks by the United States and Israel on Iran triggered a new war in the Middle East, Hezbollah launched missiles and drones into Israel on Monday for the first time in over a year, and Israel has retaliated with bombardment of southern Lebanon and Beirut’s southern suburbs.
The conflict had claimed 102 lives and forced the displacement of more than 83,000 people in Lebanon before Thursday's evacuation order.
The order rattled Lebanese authorities, with President Joseph Aoun calling his French counterpart Emmanuel Macron in an urgent bid to halt the anticipated widespread strikes, according to a statement from his office.
Macron issued a statement calling for an end to the conflict and announcing that Paris will send aid to Lebanon, in the first apparent diplomatic endeavor to end the boiling conflict.
“Hezbollah must immediately cease its fire toward Israel. Israel must refrain from any ground intervention or large-scale operation on Lebanese territory,” the French president said in a post on X, adding that he has communicated with U.S. President Donald Trump, Israeli Prime Minister Benjamin Netanyahu and Lebanon's top political leadership.
He called on the militant group to disarm and said he supports Beirut's endeavors to deploy the military to assert full control over the country's territory.
Hadi Kaakour, a resident of Beirut’s southern suburbs who was fleeing said he is not sure that even after leaving he will be safe.
“We don’t put anything past them (Israel), they will strike us no matter where we go,” he said.
Others expressed frustration at Lebanon being pulled into the larger war in the Middle East.
“We got sucked into a mess that we have nothing to do with,” said Yousef Nabulsi, another fleeing resident. “People have been displaced and are now staying on the streets, and this is wrong.”
U.N. peacekeepers in southern Lebanon have seen and heard clashes in the area as more Israeli forces have moved across the border, a spokesperson for the peacekeeping mission known as UNIFIL said Thursday. It was the first confirmation of combat taking place.
“Ground combat was observed west of Kfar Kila,” a village near the border with Israel, overnight, which included “firing of shots,” UNIFIL spokesperson Tilak Pokharel said. In Khiyam, a town about 5 kilometers (3 miles) from the border with Israel, he said peacekeepers saw “air attacks and flares and heard explosions.”
On Tuesday, Israel said it sent additional troops into southern Lebanon. Israeli forces had already been occupying several border points in Lebanon since a U.S.-brokered November 2024 ceasefire halted the previous Israel-Hezbollah war.
The Lebanese army has pulled back from the border as the Israeli troops moved in, while Hezbollah has issued a series of statements announcing attacks on Israeli troops attempting to advance. The Iran-backed militant group also published a video showing a tank being struck by a missile. The Israeli army on Wednesday said two of its soldiers were wounded by anti-tank fire in Lebanon.
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Associated Press writer Kareem Chehayeb in Beirut contributed to this report.
A giant poster shows the late Hezbollah military commander Imad Mughniyeh, while workers check a destroyed building that was hit by an Israeli airstrike in Nabatiyeh town, south Lebanon, Thursday, March 5, 2026. (AP Photo/Mohammed Zaatari)
A man removes clothes from his damaged shop at a commercial street that was hit by an Israeli airstrike in Nabatiyeh town, south Lebanon, Thursday, March 5, 2026. (AP Photo/Mohammed Zaatari)
A giant poster shows the late Hezbollah military commander Imad Mughniyeh, while workers check a destroyed building that was hit by an Israeli airstrike in Nabatiyeh town, south Lebanon, Thursday, March 5, 2026. (AP Photo/Mohammed Zaatari)
Cars sit in traffic as residents flee Israeli airstrikes in Dahiyeh, Beirut's southern suburbs, Lebanon, Thursday, March 5, 2026. (AP Photo/Hassan Ammar)
Smoke rises following Israeli bombardment in southern Lebanon as seen from northern Israel, Thursday, March 5, 2026. (AP Photo/Ariel Schalit)
Hezbollah members walk past a building destroyed by an Israeli airstrike in Dahiyeh, Beirut's southern suburbs, Lebanon, Thursday, March 5, 2026. (AP Photo/Hassan Ammar)
